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PSA Peugeot Citron Improves Vehicles Production by 10% at European Plants

Apr 24, 2015

PSA Peugeot Citron is preparing to boost its vehicles production by 10% at its European plants by the end of August. The move is part of the company's strategy to meet the increasing demand in the domestic markets. With the latest ...

Tags: PSA Peugeot Citron, Vehicles Production

TRW Automotive Plans to Sell Linkage and Suspension Business for $400m

Apr 24, 2015

TRW Automotive has agreed to sell its linkage and suspension business to THK for $400m in an all-cash deal. The linkage and suspension business generates revenues of $550m. Subject to customary conditions including regulatory approvals, ...

Tags: TRW Automotive, Linkage

Canada Export Development Gives Volkswagen Eur400m Loan

Apr 24, 2015

Volkswagen has secured a €400m loan from the Export Development Canada (EDC), to facilitate expansion of its operations in southern US and Mexico. The financing will allow the automotive giant to offer business opportunities to small ...

Tags: Volkswagen, Export Development Canada

Organic Sales increases in Q1

Apr 24, 2015

For the first quarter ended March 31, 2015, Danish industrial enzymes producer, Novozymes reported an 8 per cent year on year organic sales growth. In Danish currency, it posted a massive growth of 18 per cent from the prior year ...

Tags: Novozymes, Organic Sales Growth

Sun Chemical Launches New Red Shade Violet 55 Quinacridone Pigment

Apr 24, 2015

Coatings formulators can now expand their styling color gamut with the introduction of Sun Chemical’s new red shadeQuindo Violet 55 Quinacridone pigment. The intense color of Sun Chemical’s red shade Quindo Violet 55 is 10 ...

Tags: Coatings formulators, color gamut

Fully Luminous LR22 Architectural Troffer Is Launched

Apr 24, 2015

LED chip, lamp and lighting maker Cree Inc of Durham, NC, USA has launched the LR22 LED troffer, a fully luminous, highly diffused architectural fixture that incorporates a recessed flat-panel design to blend into any ceiling. Featuring ...

Tags: LED chip, LED lamp

CREE Shows LED Sales

Apr 24, 2015

For fiscal third-quarter 2015 (to 29 March), Cree Inc of Durham, NC, USA has reported revenue of $409.5m, down about 1% on $413.2m last quarter but up 1% on $405.3m a year ago (and on the higher end of the targeted range of $395-415m), as ...

Tags: Cree LED, LED Sales

Osram Introduces Variable LED Family

Apr 24, 2015

Osram Opto Semiconductors GmbH of Regensburg, Germany has launched the Synios P 2720 family of LED light sources, designed and qualified for use in automotive lighting. From the outside, the 15 versions in the new family can hardly be ...

Tags: Automotive Lighting, LED Family

New Primer Is Launched to Improve Two-Coat System for Wind Towers

Apr 24, 2015

International coatings supplier Hempel has announced the launch of a new combined primer and mid-coat designed specifically for wind towers. The new coating, HEMPADUR 4774D, will be used in Hempel’s two-coat anti-corrosive system for ...

Tags: Hempel, Wind Towers, Two-Coat System

New Beer Is on Beverage Market

Apr 23, 2015

Honoring the glass bottle manufacturer Beatson Clark, Rotherham based Parkgate brewery has launched Chantry Brewery Teaser in the UK. Chantry Brewery Teaser is a 4.5% pale ale brewed with Bravo USA hops. The company said that the beer ...

Tags: glass bottle, steel industry, New Beer

Heineken's Feilong Rice Beer Has a New Design

Apr 23, 2015

Global can maker Rexam, in collaboration with Heineken Russia, has designed a new can for Feilong’s new, traditionally-inspired rice beer. Rexam has used a selection of ink combinations in the new design to incorporate Feilong's ...

Tags: Rexam, Beer Can, Feilong Rice Beer

New Converting Line Gains Cascades Investments

Apr 23, 2015

North American company Cascades that recovers, manufactures and converts green packaging and tissue paper products has installed a new converting line at its Candiac plant in Quebec, Canada. This line which will become operational in July ...

Tags: Cascades, green packaging, tissue paper products

WTO Coopreates with FAO for Trade and Food Security

Apr 23, 2015

The World Trade Organization and the Food and Agricultural Organization are joining hands to step up collaboration over trade and food security, as well as other issues such as functioning of international grain markets. As part of the ...

Tags: Trade and Food Security, grain markets

Stokes Sauces Expands Sauce Sachet Range

Apr 23, 2015

UK-based Stokes Sauces has expanded its presence in condiment sachet sector with the introduction of new sauce sachet range. Available in 32-40g portions, the new sachets include Stokes' Tomato Ketchup, Bloody Mary Ketchup, Real ...

Tags: Sauce Sachet, Stokes Sauces

Podravka Gains Majority Stake in Zito

Apr 23, 2015

Croatian food company Podravka has agreed to purchase 51.55% regular shares of Slovenia’s food producer Zito for a total amount of €33m. The Croatian firm will pay €180.1 per share and the acquisition is subject to ...

Tags: Podravka, food producer Zito